Coinbase

Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

Industry Group Led by Polychain, Coinbase Seeks to Get Ahead on Staking Regulations

The Proof of Stake Alliance (POSA), an industry advocacy group, is publishing a series of recommended standards for companies participating in a proof-of-stake consensus protocol in an effort to reduce regulatory clampdowns on different networks. The group met with members of the U.S. Securities and Exchange Commission (SEC) earlier this year to discuss their proposals …

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Blockchain Bites: Coinbase and BlockFi Do Some Major Hiring, Tron Gets Coronavirus Relief

Blockchain Bites: Coinbase and BlockFi Do Some Major Hiring, Tron Gets Coronavirus Relief

Justin Sun’s Tron platform successfully applied for a $2 million pandemic relief loan intended for small businesses. Coinbase has scooped up employees from the now-defunct TokenAnylist startup while BlockFi has poached two executives from Credit Suisse and American Express to join its lending firm. Here’s the story: You’re reading Blockchain Bites, the daily roundup of the …

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Binance, Coinbase were the most active industry hirers in 2020’s first quarter

Binance, Coinbase were the most active industry hirers in 2020’s first quarter

Exchanges Binance and Coinbase were the most active hirers in the crypto industry during the first quarter of 2020. Both exchanges posted at least six jobs during the quarter, according to research conducted by The Block’s Steven Zheng. Crypto wallet Ledger, custodian BitGo and Ripple also posted at least five jobs each in Q1 2020. …

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Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the largest operator of a Tezos staking validator, despite charging higher fees. The firm is staking over 65 million XTZ as of March 30, according to research conducted by The Block’s John Dantoni. Coinbase Custody launched its staking service in April 2019. That equates to more than $110 million at today’s XTZ …

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Coinbase says retail customers bought bitcoin during this month’s market crash

Coinbase says retail customers bought bitcoin during this month’s market crash

Crypto exchange Coinbase has said that its retail clients bought bitcoin the most during this month’s market crash. In a report published Tuesday, Coinbase said its customers typically buy 60% more than they sell, but during the crash, that figure jumped to 67%. Bitcoin (BTC) was the most favored cryptocurrency among Coinbase buyers, with over …

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